Post
Topic
Board Altcoin Discussion
Re: Complaints about amount of Monero posts thread
by
btc-mike
on 22/07/2014, 22:27:05 UTC
I'm sure you alluded to the fact Boolberry is the litecoin to moneros bitcoin, ie a copy paste with a few marketing gimmicks added on-top, ignoring the fact monero is a copy paste of bytecoin (which is essentially the tenebrix) - that's the kind of thing I regularly see from XMR proponents.

Ignored? I have addressed this in many posts, I have written about the fact that Monero has copied Bytecoin in a similar way that Litecoin copied Tenebrix. Far from ignoring this point I have spoken about it many times.

Tenebrix (Bytecoin) was first in their space (regardless if their space was actually needed [1]). Litecoin (Monero) at first offered not necessarily a technical innovation over their predecessor, but a market innovation.

The market innovation was that they were not scam-mined in the beginning. Thus Litecoin (Monero) had to prevail as a reaction to their original scamcoin origins (Tenebrix and Bytecoin).

Again, I have spoken about this many times, it is your narrative that I am ignoring it.

[1] The biggest difference here, is that Monero's market is needed (A true anonymous currency) and Litecoin's wasn't really needed at all.



Who says monero is Litecoin, perhaps it's fairbrix or geist geld? That big ol' botnet ravaged blockchain and command line interface won't be adopted by aunt gemima on her aging HP anytime soon.. Grin On a serious note.. agreed, it is the most like LTC of current crypto-note crop, but who knows .. anything can happen.

There was a time Litecoin had a purpose (aside from being able to mine btc and ltc simultaneously), the reason I personally brought and mined it from 2011 was to escape BTC's forthcoming ASIC centralisation, with LTC initially almost everyone (Aside from few insiders) was on level playing ground- 1 cpu 1 vote.
but that point is long moot and I agree it offers no tangible benefit over BTC now.

I'm curious why you think BBR is a clone of XMR with 'marketing gimmick's' still however. Was it not envisioned /announced at the same time, if not earlier than XMR independently? Do you think this altcoin section has more marketing exposure to BBR than XMR? Do you really believe boolberrys alterations to vanilla cryptonote are nothing more than gimmicks to reel in a quick pump?

I know that BBR is a BCN clone like XMR. I know that the additions BBR has made have their advantages, and I know that they are certainly not gimmicks to make for a pump and dump.

However I am unconvinced that the changes are enough to warrant BBR overtaking XMR.

Hal Finny said that the competitor that overtook Bitcoin would have to offer a huge advantage to overcome the network effects to warrant replacing Bitcoin.

I am unconvinced even Monero offers enough change to warrant overtaking Bitcoin, I see Monero overtaking Bitcoin being a disaster and certainly not good the Cryptocoin ecosystem.

However, because Monero offers something major that Bitcoin does not, I see Monero taking 2nd place easily. However I cannot see any reason why BBR should overtake Monero, the divide between BBR and Monero technically speaking is very small (And both teams are helping each other out), the difference between Monero and Bitcoin is massive, and still doesn't warrant replacing Bitcoin.

I see no logic behind a competitor with small changes overtaking Monero.

BBR's changes to Classic CryptoNote are not small. BBR's block chain changes make it at least 50% smaller. That is just one change.